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ORACLE® SMALL BUSINESS SUITE AWARDED ANOTHER PERFECT SCORE

Oracle Small Business Suite Outscores Intuit and Peachtree Awarded Gold Cup from The CPA Software News

AICPA, LAS VEGAS, NV—June 24, 2003—NetLedger, Inc. today announced that its Oracle Small Business Suite (OSBS) received a perfect, 5-star rating
in a recent detailed product review conducted by The CPA Software News. In addition, Oracle Small Business Suite outscored all other competitors reviewed in the
publication, including Intuit (Nasdaq: INTU) and Peachtree. The Oracle Small Business Suite name is used under license from Oracle Corporation (Nasdaq: ORCL).

The review examined the features and usability of Web-based applications. Oracle Small Business Suite beat its competitors in all categories including core accounting modules, inventory capabilities, and reporting functionality. The review highlights the importance of integrating of both back-office and front-office functionality by saying "OSBS stands out for its sheer depth and breadth of features and its single-application design." Additionally, the review gave kudos to Oracle Small Business Suite user-interface and business performance management capabilities by saying "OSBS's killer feature is its Dashboard." The full review appears in the June/July issue of The CPA Software News.

"Stand alone, non-integrated business software applications are dead, regardless of whether those applications are delivered as hosted or traditional software," said Zach Nelson, CEO of NetLedger. "The fact that Oracle Small Business Suite is the only solution that integrates CRM, ERP and on-line operations in a single application is the reason we keep winning product shoot-outs against legacy, 'silo' applications."

For more information about NetSuite please visit our
Web site at www.netsuite.com.

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